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ASX just the tip - Issue #6 - Shell hunting


ASX just the tip

September 18 · Issue #6 · View online
ASX just the tip -Companies I am buying and my reasons for doing so.

This tip is a based on buy/sell observation from this morning.

Quick Tip due to ever changing price movement.
Share I have been involved with for quite a while now TAR.
It’s been stuck at 6 cents for a while now, but sometime happened this morning.
There has been a lot of large blocks being put up for sale at 6cents for many weeks now and this morning a 5million block of shares was put up.
It got wiped out, this to me represents 2 things, one that was likely the last of what the seller had that’s 5% of the company in a trade, it also shows serious money is starting to move into this share in anticipation of AVZ 2.0.

While this particular deal fell through it confirms Klaus and co are involved with bringing a project to the company.

Recent director appointment Sheena Eckhof, this is Klaus daughter her first director appointment, will daddy Klaus bring her a good project to start her career, I think so.
Comparison to other Klaus shells it’s cheapest by far.

This reminds me when I bought AVZ at 1.3, it’s a buy and hold even if it takes a year the pay off at the end of the rainbow is big enough to justify it.
My cost on this one is low due to buying in 3 and 4 cent range and trading it, but I still think at current prices of 6.5, with selling supply today being cleared out it’s a decent buy all things considered. 

Cheers T54
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